Realty Income's third-largest tenant, Dollar Tree, faces challenges, potentially impacting the REIT.
Realty Income, a major REIT known for its monthly dividends, may be affected by the struggles of its third-largest tenant, Dollar Tree, which faces challenges such as tariffs, inflation, and theft. Despite Dollar Tree's decline, Realty Income's diverse tenant portfolio and strong occupancy rate (over 96%) suggest stability. The REIT's stock appears undervalued, and its dividend payments are unlikely to be disrupted by Dollar Tree's ongoing issues.
September 14, 2024
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